May 15th, 2025
Powell Signals Changes to 2020 Fed Framework Language
Federal Reserve Chair Jerome Powell said policymakers are considering changes to key parts of the framework that guides their monetary policy decisions. Powell said officials “have indicated that they thought it would be appropriate to reconsider the language around shortfalls. And at our meeting last week, we had a similar take on average inflation targeting. He spoke Thursday at a research conference on the Fed’s monetary policy framework.



